Danny cheng
Technology Investor, Homily Charts & Technical Analysis
The Roundhill Memory ETF's uptrend remains intact: a two-month base gave way to higher highs and higher lows, matched by steady whale accumulation now at 58.21%. Support sits at $54, $57 and the $60 zone, with near-term resistance at $64 and the $70 zone. Clearing one of the longer momentum bars has historically been a reasonable point to buy or add on the way up. x.com
The Roundhill Memory ETF is one of the purest ways to invest in AI-driven memory demand, because over 72.7% of the fund sits in the three companies that dominate global DRAM and NAND: Samsung Electronics (25.02%), Micron (24.13%) and SK hynix (23.61%). The medium-term uptrend stays intact as long as support at $32.40 and $37.40 holds, and dips are worth adding to for long-term compounding. x.com x.com
The Roundhill Memory ETF is set up for a gap fill higher as momentum returns to memory, backed by blowout earnings from its holdings. It bounced off 200 EMA support near $44 and consolidates around $50.60, with unfilled gaps at $57, $64 and $72; dealer positioning into August options expiry points to a $60–65 target. Micron posted record Q3 revenue of $41.46B and guided to $50B, SK hynix's revenue rose 257% with a 76% operating margin, and Samsung posted a record Q2 operating profit. x.com x.com … Show more
Micron beating earnings with accelerating revenue growth is the most bullish possible signal for the Roundhill Memory ETF. x.com
Memory stocks look set to sell the news of SK hynix's US listing, with massive head-and-shoulders tops forming across memory names, which hits Micron, SanDisk and memory exposure broadly. The US listing traded at a premium to SK hynix's Korean shares, a gap likely to reconcile quickly. There are reports of significant liquidations and margin calls in Korea, and the KOSPI hit its 100-day moving average for the first time since April 2025. It is almost time to go heavy into memory longs again. … Show more
Rising memory contract prices strengthen the case for memory stocks still far below their highs. JPMorgan forecasts Q4 DRAM prices up 13% and NAND up 18%; Micron is 28% below its 52-week high, Seagate 44%, Sandisk 47% and Western Digital 55%. x.com
Memory chip makers look promising as a long-term hold because memory supply is constrained until 2028 and most likely beyond, and demand will only become more constrained. The value still looks insane even after the run. x.com x.com x.com
The Roundhill Memory ETF is hard to justify because 75% of its holdings sit in just three stocks, so investors pay a fee for little diversification. x.com
Memory stocks are one of the easiest buys right now because supply has no visible path to catch up with demand. Micron CEO Sanjay Mehrotra said the company currently has no line of sight on when memory supply will catch up with increasing demand. x.com
DRAM's weekly chart looks bullish. x.com
SK hynix's five-year agreements with 14 major customers cover more than half its 2027-28 capacity, giving its memory earnings unusually long visibility. DRAM prices rose 28% and NAND 25% in the quarter, while operating profit reached 62.8 billion against 58.5 billion expected; Q4 DRAM shipments are guided up 25% from Q3. Those commitments support the view that demand is not peaking yet. Overweight, $400 target. x.com
Memory remains in high demand because AI needs more memory than the world can currently produce, with the supply shortfall projected to run through 2030. That is why the Roundhill Memory ETF keeps significant momentum despite volatility. x.com
